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PetroChina Co (PetroChina Co) Forward PE Ratio : 12.38 (As of Apr. 26, 2024)


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What is PetroChina Co Forward PE Ratio?

PetroChina Co's Forward PE Ratio for today is 12.38.

PetroChina Co's PE Ratio without NRI for today is 10.92.

PetroChina Co's PE Ratio for today is 12.24.


PetroChina Co Forward PE Ratio Historical Data

The historical data trend for PetroChina Co's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PetroChina Co Forward PE Ratio Chart

PetroChina Co Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-10
Forward PE Ratio
12.09 14.29 31.85 10.47 13.83 20.79 5.27 5.23

PetroChina Co Quarterly Data
2015-12 2016-03 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03
Forward PE Ratio 12.09 17.83 17.12 14.29 14.35 12.38 59.88 31.85 14.64 19.38 15.90 10.47 14.88 13.00 13.18 13.83 9.39 53.19 20.79 22.32 9.71 6.73 5.27 5.33

Competitive Comparison of PetroChina Co's Forward PE Ratio

For the Oil & Gas Integrated subindustry, PetroChina Co's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PetroChina Co's Forward PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroChina Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where PetroChina Co's Forward PE Ratio falls into.



PetroChina Co Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


PetroChina Co  (OTCPK:PTRCY) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


PetroChina Co Forward PE Ratio Related Terms

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PetroChina Co (PetroChina Co) Business Description

Address
No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.

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